North American OSB prices have fallen again in the first four months of this year.
The price for the benchmark grade OSB North Central 7/16”, researched weekly by the US information service Random Lengths, has almost consistently declined since December 2014. The price had at best stayed at the previous week’s level. No mark-ups occurred throughout this entire period.
The benchmark price had receded below US$200/1,000 sqft FOB for the first time in a while in January. It had reached US$180 at the end of March. This price had been left untouched for the following three weeks before softening again to US$175 in mid-April – the lowest level since July 2011.
This price was 19.7 % lower than the price of US$218 that applied at the end of April 2014.